Friday, May 28, 2010

Short Sales

Short sales are starting to getting a bit easier to close. Home sales are now mostly distressed properties . The REO bank foreclosures still make up a huge portion of the homes sales in Orlando. Now with the banks realizing that selling these assets months before they foreclose and before prices continue to drop are major reasons. The banks are now using many of the systems that the banks use to speed up the process. They have communications through online services that make the transactions and document uploads much easier for all parties to gather and send

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